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What do you do when you close a lease option deal in which you collect Lease Option consideration??? Legally do you have to hold it as if it was a deposit or can you use that to go find more investments and invest it?...
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To clarify - GSA is the General Services Administration, a branch of the gov't that buys property (residential property) for gov't use and then will sell it later at auction to recoup their expense (is this accurate? ...
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hey I'm looking to in the future buy and rent a property my question is for someone new to this would anyone recommend managment company? What are the pros and cons of these company's? Thanks ahead of time!
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Hi Everyone,I have a potential deal on my hands. I am trying to be detail oriented in my due diligence so that I can make a informed decision. I currently own a 3 and 4 family house but would like to make a transiti...
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Hi all,We are having issue with our tenant and not sure how to deal with her. Late last week, she contacted us and stating that the upstairs toilet is leaking, through the floor and the bottom floor ceiling. On Monday...
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Hello everyone, I've never posted anything until now but I've been on here reading, learning, absorbing for a few months now and I haven't seen this topic fully discussed so maybe we can use my own situation to help ...
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Hey all! I'm new to this topic, though not at all new to BP; you'll usually find me over on the vacation rental forums. However, I'm looking to begin to diversifying into a more passive asset class, so I intend to b...
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Hi,I want to get into the bigger multi families. I am located in northwest Chicago. I currently own a single family. Was planning to get a 2-4 unit to ease into it but if I see a good deal on a 5+. I want to be prepa...
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I see a lot of you in here have success stories but keep wondering if real estate is truly as luxurious as it seems. I have two rentals only but had major issues with either tenant or property Managment and the pain n...
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I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m...